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Wednesday, July 8, 2026
TopicMoney laundering

Topic: money laundering

In a first, ED probes TMC bank accounts for ‘suspicious’ routing of over Rs 100 cr to aviation firm

Rebel Trinamool MLA Biswanath Das set ball rolling with police compliant, alleging ‘generation, routing, and possible concealment of funds through electronic and banking channels.’

The time has come to repeal PMLA. ED runs on fear, not results

The PMLA, as enacted, bristles with arbitrariness bordering on absurdity. It can punish a money-laudering sex worker but cannot touch a billion-dollar hawala operator.

ED probe against Anil Ambani’s Reliance Group: Why court remanded ex-MD recovering from brain stroke

Taking note of Sateesh Seth’s medical condition, court directs ED to ensure the diet prescribed by his doctor is followed. He must be examined medically every six hours, it adds.

300 booked, 8 held over ‘assault’ on ED team raiding Pinarayi’s home. Attempt-to-murder charge invoked

Agency official's complaint alleges 'unlawful assembly' of 300 people, armed with 'weapons like sticks, stones and bricks', with the group allegedly violently attacking the complainant.

Energy empire heir who landed in ED’s crosshairs—Ahmed Buhari’s road to glory, and the tumble

Special PMLA Court in Chennai last month dropped proceedings linked to ED case against Singapore-born Buhari, heir to Dubai-based Coal and Oil Group.

ED raids ‘associates’ of Punjab AAP chief, CM’s OSD in probe linked to alleged fraudulent land deals

Probe stems from a police case following an inquiry into alleged forgery & the use of bogus signatures by office bearers of a real estate promoter to obtain CLU licenses from GMADA.

‘Used influence to protect betting operators’—ED raids premises linked to Punjab minister Sanjeev Arora

ED officials say Arora and his firms involved in round-tripping & insider trading. 13 locations raided, including that of his son, firms & business partners. Mann alleges vendetta.

‘Lakshman Rekha’ for lawyers: Telangana HC rules advocate-client privilege no shield for money laundering

The court dismissed a plea to quash an ED case, saying that the independence of the bar does not translate into immunity from investigation for possession of proceeds of crime.

‘Daughters’ US college fees paid from firm’s money’: ED charges against ex-director of Anil Ambani’s RCOM

The agency arrested Punit Garg Thursday under PMLA in connection with Rs 40,000-crore bank fraud and money laundering case involving RCOM & its subsidiaries. 

Goa nightclub fire: In sweeping raids, ED scans Luthra bros’ flow of bank funds, ‘forgery’ for licence

Raids held at locations linked to club owners Gaurav & Saurabh Luthra. Panchayat secretary Raghuvir Bagkar, ex-sarpanch Roshan Redkar, UK national Surinder Khosla also raided.

On Camera

Modi in Indo-Pacific, Jaishankar in Gulf—how India is rebuilding its strategic map

July could be busiest month for India’s diplomatic establishment as Narendra Modi and S Jaishankar cover major power centres globally. The visits are aimed at outreach and outcome.

India’s rising solar penetration is stressing the power grid. It’s a storage problem

Paper says solar boom exposing storage deficit, with surplus daytime power going to waste as grid struggles to meet evening demand. 'Question has shifted from quantity to timing & flexibility.'

What India’s ₹10 trillion post-Op Sindoor arms buying plan means & next steps | CutTheClutter

In ep 1859 of CutTheClutter, Editor-In-Chief Shekhar Gupta and Editor (Defence & Diplomacy) Snehesh Alex Philip look at DAC approvals, what it means for India's military and next steps.

Congress is ceding ground to BJP on nationalism. It’s pushing India towards one-party system

The Congress party’s abandonment of nationalism is the most intriguing aspect of its post-2014 politics. The real Congress was never a party of bleeding heart pacifists.